Its smartphone promos alone did $2.5 billion

By Garett Sloane on Jan. 28, 2015 - 5:21 PM EST

Facebook's mobile sales continue to skyrocket, now accounting for 69 percent of its advertising business, according to results it shared today.
During the 2014 fourth quarter, Facebook did $3.6 billion in…

It's also debuting verified accounts and purging fake followers

By Garett Sloane on Dec. 10, 2014 - 11:07 AM EST

Instagram now has 300 million monthly users, picking up 100 million since March. The photo- and video-sharing app has surpassed Twitter's official user count of 284 million.
Facebook's companion company, bought…

Q3 growth disappoints

By Garett Sloane on Oct. 27, 2014 - 5:53 PM EDT

Twitter shares dropped about 10 percent after the company revealed its third quarter financial performance, with user growth slower than expected while ad sales rose.
San Francisco-based Twitter accrued 284 million…